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America's Top States For Business 2013

#19 Montana

Laurel, Montana
Paul Souders | Image Bank | Getty Images
Laurel, Montana
Category
Score
2013 Rank
2012 Rank
Cost of Doing Business 332 5 7
Workforce 126 34 47
Quality of Life 210 12 18
Infrastructure & Transportation 215 12 14
Economy 230 19 18
Education 80 23 16
Technology & Innovation 95 40 39
Business Friendliness 57 43 41
Cost of Living 21 30 31
Access to Capital 6 39 42
Overall 1372 19 24

ECONOMIC PROFILE

Governor: Steve Bullock (D)

Population: 1,005,141

GDP growth: 2.1 percent

Unemployment rate (May 2013): 5.4 percent

Top corporate rate: 6.75 percent

Top individual tax rate: 6.9 percent

Gasoline tax: 27.8 cents/gallon

Bond rating/outlook: Aa1/Stable

Major private employers: Billings Hospital, Aageson Farm, St. Vincent Healthcare, Northwest Health Care, Benefis Health System, Montana State University, St. Patrick's Hospital, University of Montana, Blackfeet Tribe, Bozeman Deaconess Hospital

Economic profile sources: American Petroleum Institute (April 2013), Bureau of Economic Analysis (2012), Bureau of Labor Statistics (May 2013 release), CareerOneStop, Moody's Investors Service (senior-most tax-backed ratings), National Governors Association, Tax Foundation (2013), U.S. Census Bureau (2012 estimate)

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